PPP Loan information for L&w insurance inc

$547,808

L&w insurance inc was initially approved for PPP Loan of amount $547,808, the current approved amount is $547,808. The loan was approved on 04/06/2020 by The Wilmington Savings Fund Society, FSB reported 34 jobs and $547,808 was used to fund payroll.

L&w insurance inc is Existing or more than 2 years old

L&W INSURANCE INC

Date Approved

04/06/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

L&W INSURANCE INC

Borrower Address

1154 S GOVERNORS AVE

Borrower City

DOVER

Borrower State

DE

Borrower Zip

19904-6904

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

547808.00

Current Approval Amount

547808.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DOVER

Project County Name

KENT

Project State

DE

Project Zip

19904-6904

CD

DE-

Jobs Reported

34

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

547808.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

552985.91

Forgiveness Date

04/01/2021

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